eBay’s New Expansion Project to Create Up to 2,200 Jobs in Utah Over Next Two Decades
08/22/2011
The new facility will join eBay's state-of-the-art data center in South Jordan, UT, in achieving LEED(R) Gold certification; it is one of handful of data centers in America to be recognized at this level.
"eBay has been a valuable, visible Utah company for more than a decade," said Governor Gary Herbert. "This agreement will bring new operating units and new jobs to the state. When world-class companies like eBay pledge partnership with Utah, it is a vote of confidence in the economic growth and stability that we are currently enjoying."
The board of the Governor's Office of Economic Development (GOED) approved a one-time, post-performance refundable tax credit of $38,156,092 over 20 years for eBay. In addition to the new jobs and accounting for the new facility's construction, the incentive combines/expands two previous job-based incentives (2009) into one comprehensive incentive.
It's anticipated that eBay will expand its workforce by over 2,480 Utah employees, and that the average salary will exceed 125 percent of Salt Lake County's average wage. eBay's ability to meet these hiring goals will result in $127,186,975 in new state tax revenue over the 20-year project timeline.
"We express our appreciation to the State of Utah, Draper City, [GOED], and the Economic Development Corporation of Utah for the outstanding support they've provided that makes this project possible," said eBay's Steve Boehm, Senior Vice President, Marketplaces, Global Customer Services.
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